has announced its acquisition by DC Capital Partners, LLC (DCCP). Since uAvionix’s inception, the company has leveraged disruptive technology to emerge at the forefront of the unmanned and general aviation markets. Becoming a portfolio company of DCCP will propel uAvionix forward with the means to impact the broader aerospace and defense markets.
With over 30 years’ experience, DCCP is a Private Equity investment firm with over 60 acquisitions and $1 billion in total investments. Over time, DCCP has developed a strategic and systematic approach built on three pillars of Domain Expertise, Market Focus, and Strategic Process to building and accelerating companies’ success. DCCP has deep bench of strategic advisors including well-respected senior diplomatic, intelligence, and military officials.
uAvionix CEO Paul Beard said
“DCCP share our passion for connecting everything that flies, especially our current general aviation and UAS avionics products. DCCPs experience in maturing young companies will help us to improve our internal operations, allowing us to expand our solutions to existing, adjacent and defense markets, while enabling us to scale globally.
I’m incredibly proud of how far we’ve come in just 7 years since our founding. This next chapter with DCCP will be just as challenging, just as exciting, and propel us even further along our aerospace and defense trajectory.”
Thomas J. Campbell, Founder and President of DC Capital Partners, said,
“We are extremely pleased to partner with Paul and the team. uAvionix has a history of developing and delivering disruptive technology to the manned and unmanned sectors. Their highly skilled and talented workforce continues to develop new and game-changing solutions to meet evolving requirements. We will continue to grow the company and to deliver innovative technologies and differentiated capabilities and solutions to our customers.”
Entering into this next chapter, uAvionix remains committed to the current customers, products, and strategies which have driven success to-date, including general aviation displays and ADS-B products as well as the entire solution set for certified and certifiable unmanned aircraft.
Source: Press Release